Exide Doubles Down on Lithium—₹3,152 Cr Total Bet on EESL

Unknown Apr 02, 2026 2 Views

Exide Industries Ltd has invested ₹1 billion in its wholly owned subsidiary, Exide Energy Solutions Ltd (EESL), through a rights issue. This infusion is part of a broader strategy to accelerate the development of EESL’s greenfield lithium-ion battery manufacturing facility in Bengaluru....